Springfield daily republic. [volume] (Springfield, O. [Ohio]) 1887-1888, 1887-01-10
A GREAT INDUSTRY.
UTILIZING PRODUCT WHICH SOUTH
ERN FARMERS ONCE THREW AWAY.

ERN FARMERS ONCE THREW AWAY.
Millions to BE Made Out OF Cotton Seed.
A Fertilizer and Stock Food-Extrao-
tion of the oil-The Possible Future.
Stripping Lint from the Seed.
For nearly a century the southern farm
ers DESTROYED their cotton seed. One Of the
farm problems was how TO get rid Of it. A
few years ago somebody discovered tha;
cotton seed was the one perfect fertilizer for
the cotton lands; that the seed held the
essential elements that the cotton crop took
from the soil. Then everybody was ashamed
OF having destroyed the seed for so many
generations. Slowly but surely every ton
was utilized as fertilizer Later some
body discovered that it was an excellent
food for stock. Then the farmers began
feeshng with II.
Along in 20 an objection was 70 md to
cotton seed as fertilizer and stock food.
II was too rich. The excess Of oil in the
seed prevented quick decomposition in the
soil, and made the wool Of sheep too kinky.
At the same time somebody discovered that
the Questionable oil would sell well in mar
tablished. The industry was immensely
profitable, and in less than five years $50 oil
mills sprang up in the south.
AN ENORMOUS INDUSTRY.
A ton of cotton seeds ' ields forty galln,.s
Of oil. worth in its crude state SO. The oils
Of the seed are used as fuel to run the FIR
mace, and the ashes thereOf sold for pNJtash,
and cotton seed meal stripped Of its oil is
more valuable to the farmer as a fertilizer
and stock food than it was when 1t held the
oil This season 500. 900 ton. of cotton
seed have gone through the mills, from
which 5000, 900 worth Of crude oil has
been taken. The meal cake returned 70
the soil without the oil has lost nothing while
the south has gained s., 900, 900. The crude
oil, however, Is renfied, which euadruples
its value. 1t is sold mostly for export, and
returns to America as olive oil. The mills
pay the farmer about $40 ton for cotton
seed, three tons of which will make one tor
Of cotton meal. which they sell back to thu
farmer for $ls for fertilizing or feeding
purposes
Now, see the progress. Twenty years ago
cotton seed was burned or destroyed on south
ern farms. Then it began to be used as a
fertilizer or stock food. Last year 8, 900, e.
600 worth of crude oil was taken out Of 500,
900 tons of sod without injuring its value
for other purposes, which oil was refined up
to a value Of perhaps SEQ, 0O0, 900.
This enormous industry, which as yet
treats but 500, 900 tons out Of 1900, 900 tons
Of the full crop of cotton ssed, has lately at
tracted the attention of northern capitalists,
il is said, especially the Standard Oil com
pany, and a remarkable company has been
formed. Last season produced acid seed,
very unfavorable for oil purposes. The
mills, which had been making immense
profits, lost money. Several Of them applied
to New York for money. Others were offered
for sale. The American Cotton Oil Trust
was organized A score Of mills were
pooled, and agents Of the company went
10 buying up until out Of the $50 oil mills
in the country the company Owns about
126. These mills represent cash value
Of 100000 The stock of the com
pany is $35, ,000, 900. 1t is listed in the New
York Stock Exchange, and is now selling al
about 50, so t'Iat the s., ZOO, 900 worth OF
mill property now has a selling value of
Ssl, ,0o0, 900.
THE POSSIBILITIES.
lHc cAlltusItu VI iuls DuslntSS
is startling. Less than one-six;h of the an
nual supply Of cotton seed is now being
treated, and Yet the crude oil alone Yields
IS, 900, 900, and the cotton meal S3, 0OO. 600
and more. The oil when refined will yield
$50, 900, 600 Multiply these figures by six,
and you see what the present income Of this
company will be The monopoly once es-
tablished, the company can make it's own
prices for cotton seed Already the price
has been reduced about 81 a ton By shut
ting up the small mills and concentrating
machinery and management in the large
cnes the process can b. cheapened. The
demand for oil is limitless. The export trade
sione would take the product of the entire
cotton seed crop. The demand for cotton
meal in Engand alone would exhaust the
present annual supply, but the farmers are
obstinate about letting ii go from their
land, and buy it readily at S1S a ton, which
is BIZ less than they receive for the three
tons of seed necessary TO make 1t, and out of
which $50 worth of crude oil has been taken.
Without counting the sale of potash. thc
mills now get without refining the oil $iS
out Of three tons Of seed, for which they
pay ga.
A short time ago the company paid
81 900, 900 for an invention of a western
chap for stripping the lint from the sesd by
q sulphuric acid bsth. The purpose was TO
make export of the seed in bulk, the lint
left on the seed by the gin making il sweat
and spoil in the ships hold. The sulphuric
acid burns into the black Of the seed which
holds the oil. After being tried the project
was abandoned, but the western chap still
holds his 81, 900, 600 worth of stock. The gin
makers have improved their machinery, un-
til the seed is denuded entirely OF lint
Another process which the company will
probably buy is that Of treating the C Jtton
seed with nnphtha, as fax seed Is treated in
the west. This process, it is said, will yield
q larger percentage of oil at much smaller
cost. 1t has been tried in a casual way in
the southern mills, but abandoned
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